Philip's Comments Archives - Philip J Milton & Company Plc https://www.miltonpj.net/category/pjmcomm/ North Devon's Leading Wealth Managers Wed, 28 Oct 2026 12:49:13 +0000 en-GB hourly 1 https://wordpress.org/?v=7.1.4 https://www.miltonpj.net/wp-content/uploads/2018/02/PJMCO-Site-Image-4-100x100.png Philip's Comments Archives - Philip J Milton & Company Plc https://www.miltonpj.net/category/pjmcomm/ 32 32 Inflation continues to rise https://www.miltonpj.net/2026/10/23/inflation-continues-to-rise/ Fri, 23 Oct 2026 09:00:00 +0000 https://www.miltonpj.net/?p=12462 Good afternoon – the first real, wintry day with the remnants of Storm Austen and isn’t it just so dark… wrap up well and stay safe! At least the Jackdaw Gas Field has been signed-off now so we shall have some more of our own gas piped in some months… gas prices here are 10x […]

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]]> Fuel prices rocket https://www.miltonpj.net/2026/10/16/fuel-prices-soar-with-inflation-and-bonds/ Fri, 16 Oct 2026 12:17:43 +0000 https://www.miltonpj.net/?p=12444 So, diesel and petrol (and heating oil) prices have been rocketing, with the former being the highest it has ever been. Curiously, political pundits pay little heed to the amounts of tax inclusive within the prices we pay, all the way from production to refining and the levies, before VAT is added. They don’t also […]

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]]> US interest rates rise https://www.miltonpj.net/2026/09/26/interest-rates-rise-us-is-uk-next/ Sat, 26 Sep 2026 13:16:45 +0000 https://www.miltonpj.net/?p=12429 Interest rates in the US have been increased as a signal that inflation is too high. Here at home, that has been deferred, at least by a month… to the relief of the Chancellor as rates on government borrowing also slipped a tad and off their recent peaks, though that is likely to be somewhat […]

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]]> UK economy grows, but… https://www.miltonpj.net/2026/09/17/economy-grows0but-gilts-struggle/ Thu, 17 Sep 2026 08:00:00 +0000 https://www.miltonpj.net/?p=12409 At last the economy grew and better than hoped – by 0.4% in the quarter to 31 July and apparently fuelled by AI efficiencies and World Cup spending. However, the Government really has problems. Ostensibly it has sold the most expensive 30-year debt since 1998 – 5.82%. The very first 30-year started on 28 January […]

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]]> New bond lows https://www.miltonpj.net/2026/09/08/bond-levels-hit-new-lows/ Tue, 08 Sep 2026 08:00:00 +0000 https://www.miltonpj.net/?p=12395 So Lake Ontario is now to be called Lake America and so a wag has said Canada Geese are also now called Donald Ducks… oh well, let’s await developments there… the loyalists fought-back against the American invaders in the 1812 war and won and the White House was burned-down in 1814. Let’s trust they can […]

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]]> Economic growth and a little calm https://www.miltonpj.net/2026/08/26/economic-growth-and-some-calm/ Wed, 26 Aug 2026 11:55:22 +0000 https://www.miltonpj.net/?p=12383 Have been listening to this strange noise outside today – the pattering of much-needed rain. I appreciate if you are on holiday here it’s not so good but the ground needs it desperately so please forgive us! Pleasing to see the latest Quarter’s economic growth rate at 0.4%. It is still lower than it should […]

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]]> FTSE flies but what’s inside? https://www.miltonpj.net/2026/08/03/share-price-high-for-ftse100/ Mon, 03 Aug 2026 08:00:00 +0000 https://www.miltonpj.net/?p=12371 Welcome to a new all-time high for the FTSE100. Remember, it’s just a number and it’s the contents which are important and what are powering the underlying indices. Banks have been very strong (Lloyds’ results yesterday saw the shares at their highest since 2009) and now Rolls Royce is a major component too. Oils are […]

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]]> The good, the bad and SpaceX https://www.miltonpj.net/2026/07/18/spacex-shares-fall/ Sat, 18 Jul 2026 09:00:00 +0000 https://www.miltonpj.net/?p=12355 Some news’ improvement amongst the negative developments in the Middle East (again) – US inflation went down to 3.5%, somewhat unexpectedly. That should give some respite in interest rates and the strength of the Dollar. Meantime, here at home our economy grew by 0.1%, led by services. It’s not much and it is primarily a […]

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]]> SpaceX debut sees wings clipped https://www.miltonpj.net/2026/07/07/spacex-soars-then-falls-after-flotation/ Tue, 07 Jul 2026 08:28:00 +0000 https://www.miltonpj.net/?p=12344 Well, SpaceX debuted and rose very considerably in those early days, adding fortunes to Elon Musk’s fortune, before then falling a cool $1trillion the following week before rebounding slightly. This isn’t ‘investing’ but well done him and others for capitalising on this global tech feeding frenzy which doesn’t understand the difference.  Here at home, we […]

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]]> PM resigns – will uncertainty reign? https://www.miltonpj.net/2026/06/26/will-economy-improve-with-starmer-resignation/ Fri, 26 Jun 2026 12:28:43 +0000 https://www.miltonpj.net/?p=12329 Goodbye Sir Keir, hello tomorrow. Sadly, I fear he won’t be missed greatly and with negligible legacy to remember though we must recognise that any such change creates opportunity for uncertainty. It may seem that a certain new MP is crowned without competition. We can then only hope he will have better economics than the […]

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